Latest Update in the China Pig Iron Market
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MMi Daily Iron Ore Report (August 5th)
DCE iron ore was was shocked and keep downward all the day.The main contract closed at 780.5,increased of 1.30%. Traders are generally motivated to ship, Speculative demand increases.
Iron Ore Prices to Remain Volatile in the Short Term, with Eyes on Demand
SHANGHAI, Aug 5 (SMM) - After the expectations for resumption of production of steel mills were fully digested by the market, the cautious macro sentiment and poor fundamentals dominated the price movement of iron ore.
Aug 5, 2022 13:20
Steel Prices Fell Somewhat in H1 2022, but the Overall Steel Industry was Generally Stable
In the first half of 2022, the steel prices rose first and then fell, but the overall steel industry was generally stable.
Aug 5, 2022 11:59
MMi Daily Iron Ore Report (August 4th)
DCE iron ore was was shocked and keep downward all the day.The main contract closed at 756.5,decreased of 4.78%. Traders are generally motivated to ship, Speculative demand increases.
Will High-Carbon Ferrochrome Price End its Three-Month Long Downward Trend approaching the Peak Season?
However, the production cut wills weakened with the estimated restoring profits following the fall in the prices of chrome ore and coke. Ferrochrome plants, especially those in north China, maintained high operating rates with cost advantage.
Aug 4, 2022 16:35
China HRC Stocks Down 61,700 mt on Week
The total inventory of HRC across social warehouses and steel makers in China stood at 3.92 million mt as of August 4, down 61,700 mt or 1.55% on the week, a decrease of 2.21% on the year.
Aug 4, 2022 15:41
China Rebar Stocks Down 7.9% on Week
The total inventory of rebar across social warehouses and steel makers in China stood at 7.66 million mt as of Thursday August 4, down 658,400 mt or 7.9% on the week, and down 33.5% from the same period last year.
Aug 4, 2022 15:35
Iron Ore Prices End Its Losing Streak with the Mixture of Steel Mill Maintenance and Production Resumption
As such, SMM believes that iron ore prices will move rangebound in the near term with the slow recovery of daily pig iron production as well as the goal of stable development on the macro front.
Aug 4, 2022 10:13